Mahindra and Mahindra inaugurates new Reva facility in Bengaluru
Mahindra Reva Electric Vehicles Pvt. Ltd has inaugurated its
manufacturing facility in Bengaluru. The factory, said to be the first
platinum rated automobile one in India, will be the hub for
manufacturing Reva cars and also for new technologies in mobility. On
the occasion, the company also showed various innovations which will be
incorporated in future electric cars. Technologies like Quick2Charge
enables a car to be charged in 15 minutes to run 25km while Sun2Car uses
solar energy for charging the car. The Car 2 Home is said to enable a
car to power a house.
On the occasion, Anand Mahindra, chairman of Mahindra Group said, “We
firmly believe that the automobile industry is at an inflection point
that will re-shape the way we own and use mobility solutions. This
change is being driven by rapidly changing customer needs and dramatic
advancements in automotive technologies, including the growing influence
of electronics and IT in automobile products and solutions.”
Mercedes Benz opened his first showroom in Lucknow
Making Lucknow firmly on the map as a market with appetite for luxury products, iconic car brand Mercedes Benz opened
its first showroom in the city on Friday. This would be the first such
dealership by a luxury car maker in Lucknow as well as Uttar Pradesh,
which bears testament to the economic growth and sustained prosperity
that has come to the region over the last few years.
Director, Sales and Marketing, Mercedes Benz India,
Debashis Mitra said "growth is now from tier-II cities. So called
smaller towns have seen rapid growth over the last few decades and their
consumption pattern is also changing now with prosperity being
sustained over a longer period of time".
He said that they saw a huge aspirational demand for luxury cars in
the Lucknow region when they toured the area as part of the "Pure
Fascination" campaign in 2010 and also gauged that the buying power for
luxury cars was present in Lucknow.
"We already derive substantial sales volume from Lucknow and
adjoining cities and thought that taking a dealership to Lucknow would
help us expand our network and reach out to customers much nearer to
their homes" said Mitra. Besides Lucknow the dealership, Smart Hoops,
and its state of the art service centre would cater to Kanpur, Varanasi,
Gorakhpur, Mirzapur, Agra etc.
Managing Director, SRM Smart Hoops Ltd, Neeraj Agarwal said that the dealership will display full range of Mercedes Benz cars
which start from Rs 32 lakh going up to a few crores for a car. He said
that they hope to sell about 50 cars by the end of this fiscal and hope
to double the number in the next year.
Debashis Mitra said that Mercedes
Benz is present in 31 cities in India and as part of the network
expansion plan to open 5 new dealerships in the coming months.
"Till three years back Delhi and Mumbai used to command 70 per cent
of our sales. But now they only have a 50 per cent share which shows
that sales volume is now increasingly coming from non metro cities.
There are more than 1.5 lakh dollar millionaires in India and most of
them now come from cities like Lucknow which we want to reach out to"
said Mitra.
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Hyundai motors in North America has announced prices for their five-seater 2013 santa fe sport. The base model price is at Rs 13.56 lakh, approximately a lakh more than the outgoing version. The 193PS 2.4-litre 4-cylinder all-wheel drive model starts at Rs 14.53 lakh while the front-wheel drive 2.0-litre turbocharged variant has a sticker price of Rs 15.36 lakh and the AWD is Rs 16.33 lakh.
Adding extras, eight-inch navigation screen, leather interiors with power seats, panoramic sunroof and rear-view camera adds Rs 3.6 lakh to the overall price. The top variant with all-wheel drive and the turbocharged engine will cost around Rs 20 lakh. All prices are ex-showroom.
Hyundai haven’t released the pricing of the Seven Seater Santa FE yet.
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Audi launches A8 L 4.2 TDI
Abhishek Bachchan is the 1st customer of the A8 L 4.2 tdi which is priced at Rs 1.1 crore, ex-showroom, Maharashtra.
The Audi A8 L also comes with other engine options, such as a 3.0-litre TDI, a 4.2 FSI petrol and a range-topping 6.3-litre w12.
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Maruthi Young DriverAward Winner Sudeep
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